Soussa: GCC Economies Resilient with Deep Pockets
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The Iran war has raised the risk of a sharp slowdown across Gulf economies, especially if disruption to the Strait of Hormuz continues.
Goldman Sachs says Qatar and Kuwait could see deep contractions in a prolonged conflict, with Saudi Arabia and the UAE also facing slower growth. Farouk Soussa, MENA Senior Economist at Goldman Sachs spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the likely rebound from the GCC states post war. (Source: Bloomberg)
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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
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